Hancock Whitney Corp
NASDAQ:HWC
Hancock Whitney Corp
In the vibrant financial landscape of the American Gulf Coast, Hancock Whitney Corp. stands as a testament to regional banking success, weaving a narrative that began in the late 19th century. Established in 1899, Hancock Whitney roots itself deeply in communities across the coastal states, primarily operating within Mississippi, Texas, Alabama, Louisiana, and Florida. The company has managed to sustain a robust business model through its extensive network of branches, offering a comprehensive suite of banking services. From basic retail banking services catering to individuals with checking and savings accounts, to more complex services like mortgages and personal loans, Hancock Whitney excels in meeting the financial needs of its diverse client base. Its lending practices, particularly focusing on commercial real estate, construction loans, and small business lending, are key cogs in its profit machinery.
Driving the company forward is its adept integration of technology with traditional banking practices, a crucial adaptation in modern finance. Hancock Whitney leverages digital banking platforms to enrich customer experience, broadening its appeal beyond physical branch visits. Alongside commercial banking, the corporation dips its toes in wealth management services, offering investment guidance and portfolio management to clients, thus creating an additional revenue stream. The bank's historical resilience, supported by strategic mergers and a keen understanding of regional economic conditions, enables it to maintain steady growth. By fostering deep community ties and embracing innovation, Hancock Whitney Corp. not only persists in a competitive industry but thrives as a trusted banking institution in the Gulf South region.
In the vibrant financial landscape of the American Gulf Coast, Hancock Whitney Corp. stands as a testament to regional banking success, weaving a narrative that began in the late 19th century. Established in 1899, Hancock Whitney roots itself deeply in communities across the coastal states, primarily operating within Mississippi, Texas, Alabama, Louisiana, and Florida. The company has managed to sustain a robust business model through its extensive network of branches, offering a comprehensive suite of banking services. From basic retail banking services catering to individuals with checking and savings accounts, to more complex services like mortgages and personal loans, Hancock Whitney excels in meeting the financial needs of its diverse client base. Its lending practices, particularly focusing on commercial real estate, construction loans, and small business lending, are key cogs in its profit machinery.
Driving the company forward is its adept integration of technology with traditional banking practices, a crucial adaptation in modern finance. Hancock Whitney leverages digital banking platforms to enrich customer experience, broadening its appeal beyond physical branch visits. Alongside commercial banking, the corporation dips its toes in wealth management services, offering investment guidance and portfolio management to clients, thus creating an additional revenue stream. The bank's historical resilience, supported by strategic mergers and a keen understanding of regional economic conditions, enables it to maintain steady growth. By fostering deep community ties and embracing innovation, Hancock Whitney Corp. not only persists in a competitive industry but thrives as a trusted banking institution in the Gulf South region.
Earnings: Fourth quarter net income was $126 million, or $1.49 per share, flat with the prior quarter.
Loan Growth: Loans grew $362 million, or 6% annualized, with strong production across all core markets.
Deposit Growth: Deposits increased by $620 million, or 9% annualized, though some of this reflected seasonal activity.
Margin Outlook: Net interest margin (NIM) was nearly flat, down 1 basis point, but management expects a modest expansion in 2026, partly due to a bond portfolio restructuring.
Bond Portfolio: A restructuring in early 2026 is expected to add 7 basis points to NIM, $24 million to NII, and $0.23 per share to EPS.
Expense Discipline: Expenses remained well managed, rising only 2% quarter-over-quarter, with controlled growth planned for 2026.
Capital & Buybacks: Board approved a new 5% share buyback plan through 2026; TCE ended the quarter just over 10%, and CET1 at 13.6%.
Guidance: Management expects mid-single-digit loan growth, low-single-digit deposit growth, NII up 5-6%, fee income up 4-5%, and efficiency ratio between 54% and 55% in 2026.
